World's oldest car auctioned off - WMC Action News 5 - Memphis, Tennessee

World's oldest car auctioned off

(CNN) - The world's oldest-known running car has a new owner.

Someone paid $4.6 million for a steam-powered car at an auction in Pennsylvania on Friday. That's double the amount auctioneers expected.

The four-wheeled car, nicknamed "La Marquise," was built originally built for the French Count De Dion in 1884. It's fueled by coal, wood and bits of paper.

The car takes about a half-hour to work up enough steam to drive. It can go up to 38 miles per hour.

The new owner's name hasn't been released.

Copyright 2011 CNN. All rights reserved.

Powered by Frankly